LAD #27: Clayton Anti-Trust Act

This act was put in place to expand the government's influence against corrupt Big Businesses, more than the symbolic Sherman-Anti Trust Act that came before it. One part of this law made it illegal to discriminate by price, such as charging more for a short trip than a long trip on the railroads. This discrimination was a weapon wielded by monopolists in Big Business, so outlawing it would serve to undermine their monopolistic power. Also, rebates and other malpractices of price shifting to force out competition or lower the price for a certain company were outlawed. Lastly, free trade was promoted by restricting a company from buying controlling stock in other companies that would consolidate businesses and lessen their competition--and interlocking directorate.